Basu, Sandip; Phelps, Corey; Kotha, Suresh - In: Journal of Business Venturing 26 (2011) 2, pp. 153-171
This study examines when established firms participate in corporate venture capital (CVC). We build on the resource-based view of interfirm collaboration and emphasize the strategic flexibility of CVC relationships. We use longitudinal data on 477 firms from 1990 to 2000 to test our hypotheses....
